DIGITAL BANKING SERVICES (DIGITALIZATION) USAGE IN NIGERIAN BANKS

Abstract

Digitalization of all services is needed in the banking sector, there is a possibility that this will
prove to be a temporary trend that will not last once social distancing restrictions are lifted.
Such developments have included facilitating increased use of online banking, mobile bank
transfers and e-wallets for virtual payments. In this paper, a sample was administered to a
population of 206 respondents, the 206 respondents consisted of 57 (27.7%) of UBA staff,
and 78 (37.8%) of Access bank staff, 40 (19.4%) Zenith bank staff, 14 (6.8%) of First bank
staff and 17(8.3%) of Guaranty Trust bank staff to get response concerning the use of digital
banking services in their banks amidst the covid-19 pandemic and how it has impacted on
them. The results proved that digitization is a welcome development in the banking sector
and the effects are positive

Volume
Year of Publication
From
104
To
115

DIGITAL BANKING SERVICES (DIGITALIZATION) USAGE IN NIGERIAN BANKS

Abstract

Digitalization of all services is needed in the banking sector, there is a possibility that this will
prove to be a temporary trend that will not last once social distancing restrictions are lifted.
Such developments have included facilitating increased use of online banking, mobile bank
transfers and e-wallets for virtual payments. In this paper, a sample was administered to a
population of 206 respondents, the 206 respondents consisted of 57 (27.7%) of UBA staff,
and 78 (37.8%) of Access bank staff, 40 (19.4%) Zenith bank staff, 14 (6.8%) of First bank
staff and 17(8.3%) of Guaranty Trust bank staff to get response concerning the use of digital
banking services in their banks amidst the covid-19 pandemic and how it has impacted on
them. The results proved that digitization is a welcome development in the banking sector
and the effects are positive.

Volume
Year of Publication
From
104
To
115
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